Coal Companies Record Surging Profits As Gulf Region Instability Drags On

(MENAFN- Investor Brand Network) Coal companies are making record profits as instability in the Gulf region continues to disrupt normal energy flows and force countries to seek alternative energy sources. The ongoing U.S.-Iran war has resulted in the closure of the Strait of Hormuz, a channel through which 20-25% of the world's crude oil and petroleum passes every single day.

Global markets are hungry for massive amounts of energy, and entities like GeoSolar Technologies Inc. could benefit from this explosion in demand if they come up with additional scalable renewable energy solutions that can sufficiently overcome the...

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